Retail Gazette

MARCH 15, 2024

Ann Summers chief financial officer John Boyle is retiring from the retailer after 11 years, as Kristina Moln-Page is promoted to finance director of the company. Moln-Page currently serves as head of finance of the business, having previously joined Ann Summers in May 2022 as strategic project consultant.

Finance 52

Finance Promotions Returns Consumer 52

Retail TouchPoints

NOVEMBER 3, 2023

spending forecast to climb 3%-4% over 2022, generating between $957.3 Overall household finances remain in good shape and will continue to support the consumer’s ability to spend.” billion spent in the 2022 holiday season. consumers spent online during holiday 2022. billion to $966.6 seen from 2010 to 2019.

Finance 254

Finance Accounting Consumer Promotions 254

Inside Retail

MAY 12, 2022

Italian luxury shoe maker Tod’s sees analysts’ expectations for 2022 sales and profitability as achievable despite a marked slowdown in China due to widespread Covid-19 restrictions, its finance chief said. The analyst consensus is for 2022 sales of around 970 million euros and a 5 per cent EBIT margin.

Marketing Spend 130

Marketing Spend Finance Advertising Marketing 130

Retail Gazette

DECEMBER 15, 2023

Consumer confidence has risen for the second consecutive month this December, according to GfK, suggesting households may be more inclined to spend over the festive season. The market research company ‘ s consumer confidence index was up by two points to -22, making it an improvement on the -29 the same time last year.

Consumer 72

Consumer Finance Marketing ATS 72

Retail Dive

NOVEMBER 26, 2022

With inflation looming, consumers waited until the shopping event to get deals on categories like electronics and sought out financing options such as buy now, pay later.

Finance 138

Finance Consumer Shopping 138

Retail TouchPoints

NOVEMBER 28, 2023

Consumer spending on Cyber Monday surpassed initial projections to reach $12.4 million consumers shopped over the five-day weekend, surpassing last year’s record of 196.7 million consumers opting to visit brick-and-mortar locations, up from 72.9 million in 2022, according to the NRF. million in 2022. A record 200.4

Payment Services 263

Payment Services Promotions Finance Consumer 263

Small Biz Trends

OCTOBER 7, 2022

Much of the rise is attributed to pent-up consumer demand after the pandemic and the Russian invasion of Ukraine, which caused commodity prices to skyrocket. in 2022 and drop to 2.2% Inflation Rate by Country – 2022. US Inflation in 2022. Rising prices often limit what households can spend on goods and services.

Finance 116

Finance Consumer Marketing ATS 116

365 Retail

JANUARY 9, 2024

In December 2023, the UK witnessed a modest rise in consumer card spending, increasing by 2.3% However, the entertainment and travel sectors saw a surge as consumers eagerly booked experiences and getaways for 2024. year-on-year, which fell short of the CPIH inflation rate of 4.2% and was lower than November’s growth of 2.9%.

Consumer 106

Consumer Supermarket Department Stores Promotions 106

Retail TouchPoints

NOVEMBER 16, 2022

Meta also will highlight businesses from its Meta Business Leaders Network in the new 2022 Smalliday Showcase gift guide, and provide small businesses with advice on advertising effectively with its SMB Holiday Marketing Guide. Additionally, eligible SMBs will be able to earn a $100 TikTok advertising credit. small business owners.

Merchant Services 256

Merchant Services Finance Advertising Marketing 256

A1 Retail

JANUARY 10, 2023

The Barclays report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 4.4 percent rise in consumer price inflation. percent in December 2022, though this was slightly lower than November’s year-on-year growth (7.1

Finance 98

Finance Outdoor Supermarket Department Stores 98

A1 Retail

SEPTEMBER 24, 2021

. Hitachi Capital Consumer Finance, a division of Hitachi Capital (UK) PLC, has announced that it will be rebranding under the new trading style of NOVUNA Consumer Finance by April 2022, while Hitachi Personal Finance will become NOVUNA Personal Finance.

Finance 59

Finance Consumer Point of Sale Customer Experience 59

Retail TouchPoints

AUGUST 26, 2022

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. He will add responsibilities for the company’s strategic healthcare initiatives and its international expansion to Mexico to his existing finance, accounting, strategy and procurement functions. and net sales up 9% to $9.4

Promotions 239

Promotions Finance Accounting Management 239

Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S.

Payment Services 331

Payment Services Promotions Consumer Inventory Management 331

Retail TouchPoints

MARCH 29, 2023

Apple has begun the pre-release of its new Pay Later offering, which was first announced at the company’s developers’ conference in June 2022. Apple said having its Pay Later loans reflected on consumers’ financial profiles will “help promote responsible lending for both the lender and the borrower.”

Merchant Services 284

Merchant Services Payment Services Checkout Finance 284

Retail TouchPoints

DECEMBER 22, 2022

Under Armour has appointed Marriott International President Stephanie Linnartz as its President, CEO and member of its board of directors following a search that began in May 2022. 27, 2023, succeeding Patrik Frisk, the former President, CEO and member of the board of directors who stepped away from the role in June 2022.

Finance 271

Finance Customer Experience Consumer Marketing 271

Small Biz Trends

AUGUST 17, 2022

Owning and operating a brand new car in 2022 will cost you as much as $10,728 annually or $894 per month. The annual driving costs study revealed that the average yearly cost in 2022 is $10,728 or $894 per month. Cost of Car Ownership in 2022. In 2022, fuel prices averaged 17.99 per month in 2021. cents a mile).

Finance 104

Finance Consumer ATS 104

Inside Retail

JANUARY 19, 2023

Recent years have seen rapidly evolving changes in all areas of consumer behaviour and there is little doubt it will continue in terms of the products and services that people want, who they want them from, and where and when they want to access them. Rather than talking about what we do when we’re out there, it’s about how it makes us feel.”

Consumer 130

Consumer Shopping Outdoor Fashion 130

Retail TouchPoints

AUGUST 9, 2022

CFO Scott Roe, with 30 years of retail finance and operations experience under his belt, will take on the COO role in addition to his current responsibilities, effective immediately. 1, 2022 to ensure a seamless transition. Glaser will stay on until Oct.

Finance 257

Finance Accounting Management Consumer 257

Retail TouchPoints

JULY 1, 2022

Six years later, Johnson might answer that question differently — his “commerce-at-home” startup Enjoy Technology filed for bankruptcy on June 29, 2022, after a series of setbacks including staffing shortages and dwindling liquidity. million bridge loan and a financing commitment of $55 million from tech services company A s urion.

Telecommunications 309

Telecommunications Finance Store Operations Consumer 309

VMS

DECEMBER 14, 2022

consumers finds that a growing number are cutting their holiday spending to account for inflation. Those results were contained in Jungle Scout’s Consumer Trends Report for the fourth quarter (October-December) of 2022. consumers get holiday gift ideas from social media. A recently completed survey of more than 1000 U.S.

Consumer 74

Consumer Finance Accounting Shopping 74

Retail TouchPoints

AUGUST 25, 2022

BB&B has been struggling in recent months: June 2022 saw the departure of CEO Mark Tritton following a Q1 financials report indicating a 25% decline in sales compared to the same period the previous year. BB&B was exploring a sale in April 2022, but that now seems to be off the table. stake in the company.

Finance 296

Finance Shipping Planning Marketing 296

Retail TouchPoints

SEPTEMBER 15, 2022

19, 2022 to contribute to associates’ financial stability and help them manage their higher education debt, but reportedly they won’t be initially extended to unionized workers, according to Reuters. consumers who have borrowed to finance the education necessary to unlock the best career opportunities,” said Scott Thompson, CEO of Tuition.io

Finance 268

Finance Accounting Management Location 268

Inside Retail

OCTOBER 10, 2023

“(The) government is addressing the risks posed by new digital payment services, which are currently unregulated, to protect consumers, promote competition and spur innovation,” Treasurer Jim Chalmers said in a statement. billion in 2022, from 29.2 million in 2018.

Payment Services 278

Payment Services Finance Promotions Planning 278

A1 Retail

JANUARY 3, 2023

The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending across 2022 . Consumer card spending increased 10.6 Consumer card spending increased 10.6 percent in 2022. This lift was largely due to a 28.3 Energy bills spiral.

Consumer 52

Consumer Beauty and Health Supermarket Returns 52

Retail TouchPoints

OCTOBER 18, 2022

He then served as Executive Chairman from August 2021 until April 2022. Miller is a retail and consumer finance veteran with over 30 years of experience at corporations including Sears , DFC Global Corp, Aramark , Nestle and Kraft. “I

Finance 232

Finance Returns Consumer ATS 232

A1 Retail

FEBRUARY 6, 2024

However, pointing to improving optimism, consumers’ confidence in both their household finances and ability to spend within their means reached its highest point in over two years. percent), as UK consumers returned to their regular routines after the Christmas break. percent, yet higher than December’s growth of 2.3

Consumer 59

Consumer Supermarket Finance Merchant Services 59

Retail TouchPoints

MAY 18, 2023

SHEIN generated $23 billion in revenue and net profits of $800 million in 2022, people close to the company told WSJ. In 2022, SHEIN opened three new distribution centers, in Poland, Italy and the United Arab Emirates, bringing the total number of SHEIN “nearshoring bases” in EMEA to eight.

Planning 238

Planning Marketing Net Profit Finance 238

Mass Relators

MARCH 15, 2022

WASHINGTON — Worries about war and inflation are not expected to keep consumers from spending money in retail stores and on online this year, according to the National Retail Federation. NRF expects retail sales to increase in 2022, as consumers are ready to spend and have the resources to do so,” NRF President and CEO Matthew Shay said. “We

Finance 59

Finance Consumer Marketing ATS 59

Retail TouchPoints

FEBRUARY 7, 2023

million debt service payment on municipal bonds sold to help finance the venture, due to insufficient funds. The mall also had missed the previous payment deadline for the same reason in August 2022. featuring styles appropriate for Islamic and other religious consumers). 1, 2023 $8.8 The notice from U.S.

Payment Services 242

Payment Services Department Stores Checkout Finance 242

Rangeme

MARCH 22, 2022

Retailers worldwide are constantly searching for new products to offer consumers – and consumers are more interested in trying new products than ever before. So if you’re targeting international success in 2022, here’s a six-step plan for making it happen. Get your finances in place.

Finance 52

Finance Shipping Planning Marketing 52

Retail TouchPoints

AUGUST 31, 2022

27, 2022, has announced a combination of store closures and layoffs designed to reduce its SG&A (selling, general and administrative) expenses by $250 million in fiscal 2022. As of May 28, 2022, the retailer operated a total of 955 stores, including 769 Bed Bath & Beyond locations.

Customer Retention 271

Customer Retention Finance Fulfillment Planning 271

Small Biz Trends

SEPTEMBER 9, 2022

The Handmade Crafts Industry in 2022. The handmade business industry is booming in 2022, with consumers looking for unique products and online marketplaces making them easily accessible. Keep your business finances separate to make tracking easier. Not all craft ventures run exclusively online though. Source Supplies.

Accounting 119

Accounting Shipping Wholesale Finance 119

Retail Dive

JANUARY 6, 2023

Consumers relied on buy now, pay later, credit cards and store cards to finance their 2022 holiday spending, according to LendingTree.

Finance 110

Finance Consumer 110

Mass Relators

JULY 11, 2022

WASHINGTON — The Retail & Consumer Products practice at FTI Consulting projects U.S. trillion in 2022 despite increasing concerns among shoppers about the condition of the economy and personal finances. over 2021 and is in line with the pre-pandemic growth trajectory for the channel, according to FTI Consulting’s 2022 U.S.

Finance 52

Finance Consumer Returns Marketing 52

Rangeme

JANUARY 11, 2022

Make 2022 your company’s best year yet. and global retailers and consumer packaged goods (CPG) brands focus their efforts and thrive this year, let’s see how the retail industry is changing and which practices can help to drive growth. How the retail and CPG workforce will look in 2022. Will retail trade shows go ahead in 2022

Beauty and Health 52

Beauty and Health Consumer Returns Grocer 52

VMS

NOVEMBER 30, 2022

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. n 2022, inflation drove prices and interest rates higher. And how can that not have an effect on consumers’ minds? In 2022, everything reversed. YOUR MIND.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

365 Retail

AUGUST 25, 2023

The cost-of-living and wider economic situation continues to make climate change-tackling decisions ever more challenging; and for consumers, the challenge is to decide what changes they can afford to make themselves. We live in a fast-paced world where cost and convenience often drive consumer behaviour.

Consumer 52

Consumer Outdoor Finance ATS 52